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gayaneshka [121]
3 years ago
12

Biz Solutions has 12 call centers worldwide handling customer service issues for a variety of companies. The firm is considering

the purchase of a software firm that serves the oil and gas industry. According to Igor Ansoff’s Product-Market Matrix, this is an example of the ________ strategy.
Business
1 answer:
FromTheMoon [43]3 years ago
6 0

Answer: Market diversification

Explanation: Market diversification is a type of corporate strategy wherein a company acquires or establishes a business other than that of its current product. It means extending business offerings to new market segments that previously were not targeted. Biz Solutions is currently provides customer care service, by seeking to purchase a software that serves the oil and gas industry, it is attempting to diversify its markets.

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Mauve company permits employees to occasionally use the copying machine for personal purposes. the copying machine is located in
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That means they arnt paying you a lot or there not making more that there selling
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Jim has a full-time job and occasionally designs Web sites for individuals and businesses. At the end of the year, Jim files his
andre [41]

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His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.
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Which of the following is true about a sole proprietorship?
Alex73 [517]
The right answer for the question that is being asked and shown above is that:  "d. A sole proprietorship has a life of its own apart from its owner." It is considered as the simplest business form where one can operate. It is not a legal entity in itself.
7 0
3 years ago
Which of these options for saving money offers the lost liquidity?
daser333 [38]

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

#SPJ1

8 0
2 years ago
Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs o
NARA [144]

Answer :

Break even units = 10,500

Break even amount = $2,100,000

Explanation :

As per the data given in the question,

a) Break even units = Fixed expense ÷ CM per unit b ÷ (a - c)

= ($466,000 + $269,000) ÷ ($200 - $110 - $20)

= 10,500 units

b) Break even amount = b ÷ (a ÷ c)

= ($466,000 + $269,000) ÷ ($70 ÷ $200)

= $2,100,000

Contribution margin ratio = Contribution margin ÷ Selling price per unit × 100

where,

Contribution margin = Selling price per unit - variable expenses per unit

c) CM per unit Break even units = Fixed expense ÷ Cm per unit

= $735,000 ÷ $70

= 10,500 units

Break even dollars = Fixed expense ÷ Contribution margin ratio

= $735,000 ÷ 0.35

= $2,100,000

d) Contribution margin income statement:

Sales = 10,500 × $200 = $2,100,000

Less Variable expenses 10,500 × ($110+$20) = $1,365,000

Contribution margin $735,000

Less Fixed Expense $735,000

Net Operating Income = $0

6 0
3 years ago
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